3 Reasons Why The Bears Think This Stock Rally Is Doomed…Are They Wrong?!
By Todd Gordon
June 6th, 2023
Even with the massive breakout in technology helped by Nvidia’s historic earnings report the bears continue to hate on this rally citing poor breadth, leadership from just a few large cap growth stocks, and a Fed set to push rates higher yet again. Does the bearish argument to fade this rally make sense? HARDLY…let me explain.
Todd Gordon
Founder and Lead Analyst of Trading Analysis
Todd has been trading as a career for the last 20+ years. His goal is to not only provide insightful analysis, but to teach people how to think and grow as professional traders. Todd is a practitioner of Elliott Wave Theory and he uses it to gain an edge in the highly competitive trading arena. In addition to trading professionally, Todd has worked as an analyst and researcher at two different hedge funds. Click Here To Learn More about Todd Gordon